Which of the following lists only factors that would cause an increase in the supply of an item?
A) A decrease in input prices; a technological innovation; a fall in the price of a substitute-in-production.
B) A rise in the price of a substitute-in-production; an increase in the price of a complement-in-production; an expectation that the price of the item will increase in the future.
C) A decrease in the number of sellers in the market; a fall in the price of a complement-in-production; a technological setback.
D) An increase in input prices; a decrease in the number of sellers in the market; an increase in the price of a substitute-in-production.
Correct Answer:
Verified
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